Balaji Srinivasan, the former Coinbase chief technology officer (CTO), is opposing Jerome Powell’s “soft landing” statement and compares the current financial crisis with that of 2008. Powell is the chairperson of the Federal Reserve (Fed).

This comes a day after Balaji canceled his $1m bitcoin (BTC) bet and donated $1.5m to charity in compensation payments.

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Author: Julius Mutunkei

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